BRAND NEW UNDER CONSTRUCTION in a prime SW Cape Coral location on an exceptionally large triple lot with a rear Western exposure for spectacular SWFL Sunsets. Situated in Cape Coral’s Pelican Neighborhood and ALL ASSESSMENTS PAID and NO FLOOD INSURANCE REQUIRED (Flood Zone X) and estimated completion just the new year (Jan 2025). This location is centrally located to everything Cape Coral has to offer, shopping, dining, entertainment for all ages and easy access to neighboring beaches, parks and recreation. Our beautifully appointed SAGE floor plan encompasses great use of space with an open layout, high 9’4” ceilings, 8’ doors throughout and open kitchen with a large island, 4 bedrooms + a den, 3 full baths, and a spacious 3-Car Garage! The 3rd bath also acts as a pool bath! Our SAGE home is perfect for entertaining friends and family. A true split floor plan, the 2nd and 3rd bedrooms located in the back (each with expansive closets), while the primary suite is privately located at the opposite side, also in the back of the home. And the 4th bedroom can act as a junior suite providing more secluded space in the front with the full bath adjacent. With our Tradition Series, we added our Diamond Package Signature upgrade options such as full home Impact Glass, 42” kitchen cabinets with under cabinet task lighting and crown molding, granite kitchen & baths, designer back splash, stylish ceramic tile everywhere and carpet in the bedrooms. This home comes standard stainless-steel kitchen appliances, a fully automated irrigation system, professionally landscaped, paver driveway and lanai, and even a Smart Home package. Secure your Brand-New Home in Paradise today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$502,800
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $402,240 | $402,240 | $402,240 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $142 | $142 | $142 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,778 | $2,710 | $3,422 |
Total Monthly Payment | $3,012 | $2,944 | $3,656 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.